The Ethereum Pectra upgrade is enhancing the blockchain network by enabling built-in automation, smart account recovery integration, and improved scalability at layer 2.
The update includes enhancements to the staking system to help validators handle more workloads efficiently, ultimately increasing the network's scalability.
Smart accounts created after the upgrade operate like apps with recovery methods, automation, and improved interactions, simplifying blockchain usage.
The Pectra update has increased the speed of data transfer and reduced costs, leading to more Layer 2 activity in projects like Arbitrum and Optimism, making Ethereum more scalable and flexible.